City Council has directed staff to Begin the process of placing a General Obligation Bond Issue on the Nov. 2, 1999 ballot. If approved, the bond issue will be used to partially fund construction of a new police station.
Citizens Organized for Police Station (COPS) was formed to educate residents and gain their support for the bond issue needed to finance a new police station. Santa Anita Park has donated $30,000 to the newly formed organization.
A $218 million school bond measure will go to voters in November, 2006. The Arcadia Board of Education voted to approve it for the ballot. The money will go to improvements and new facilities at all Arcadia schools.
The City Council decided to ask voters to approve $8 million in bond funding for a bridge at Santa Anita Avenue. If 2/3 of voters support this bond, Arcadia would be the only city on the Gold Line extension route to finance its own grade separation.
Measure A, an $8 million bond measure to fund a train bridge over Santa Anita Avenue, will need a 2/3 vote to pass. Citizens will need to form a committee to build support for this measure, to be voted on on April 11, 2006.
Arcadia Methodist Hospital has received permission from the city to sell up to $330 million in tax-exempt bonds to fund its expansion project. The money would not be borrowed from voters, as the bonds would be issued through the California Statewide Communities Development Authority.
New Arcadia police station opens to the public on Friday, October 3, 2003 at 4:30 PM. It is a state-of-the-art facility that is now bigger and better equipped than the old station that has since been demolished. It waas built using an $8 million bond measure in addition to $8 million that had alerady been allocated from the city general fund and city redevelopment funds.
Next Tuesday Arcadians will vote on two proposals: 1--Arcadia Elementary School Board seeks approval of $600,000 bond issue. 2--Tax increase to meet Monrovia-Arcadia-Duarte High School district needs.
Arcadia Unified School District secures $5.7M in taxpayer savings by refinancing its current bonds to current low interest rates. The bonds are from Measure I, which was originally passed by Arcadia voters November 2006.
The $16 million Arcadia Police Station building, built with bond money and city and CRA funds, is on target for completion in July. WWM Associates designed the building. Mallcraft of Altadena is the contractor and Construction Control Group is the manager of the project. The station is the first civic project constructed with bond funding.